TSMC to pour more capital into LED subsidiary

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TSMC to pour more capital into LED subsidiary

Date:2012-02-22

Taiwan Semiconductor Manufacturing Company (TSMC) has unveiled plans to invest NT$2.034 billion (US$68.84 million) to buy new shares issued by its LED lighting subsidiary TSMC Solid State Lighting (TSSL)

TSSL was established with a capital size of NT$2.27 billion in August 2011, as a result of the spin-off of TSMC's LED lighting business.

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